Zscaler (NASDAQ:ZS) Insider Sells $132,200.00 in Stock

Zscaler, Inc. (NASDAQ:ZS) insider Adam Geller sold 661 shares of the business’s stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $200.00, for a total value of $132,200.00. Following the transaction, the insider owned 38,308 shares of the company’s stock, valued at $7,661,600. This represents a 1.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Adam Geller also recently made the following trade(s):

• On Thursday, September 17th, Adam Geller sold 4,584 shares of Zscaler stock. The stock was sold at an average price of $192.01, for a total value of $880,173.84.
• On Wednesday, September 16th, Adam Geller sold 5,578 shares of Zscaler stock. The shares were sold at an average price of $192.76, for a total value of $1,075,215.28.

Zscaler Stock Performance

Shares of ZS opened at $214.45 on Thursday. The firm has a fifty day moving average of $172.02 and a 200-day moving average of $152.96. The company has a market cap of $34.97 billion, a price-to-earnings ratio of -549.87, a price-to-earnings-growth ratio of 23.95 and a beta of 0.95. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.70 and a current ratio of 1.70. Zscaler, Inc. has a 1 year low of $114.63 and a 1 year high of $336.99.

Zscaler (NASDAQ:ZS) last released its quarterly earnings data on Thursday, September 3rd. The company reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.09 by $0.10. The business had revenue of $898.19 million for the quarter, compared to analysts’ expectations of $876.96 million. Zscaler had a negative net margin of 1.88% and a positive return on equity of 1.23%. The company’s revenue for the quarter was up 24.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.89 EPS. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. As a group, equities analysts anticipate that Zscaler, Inc. will post 0.64 earnings per share for the current year.

Institutional Investors Weigh In On Zscaler

A number of institutional investors and hedge funds have recently modified their holdings of the stock. WINTON GROUP Ltd lifted its holdings in shares of Zscaler by 56.5% during the second quarter. WINTON GROUP Ltd now owns 4,890 shares of the company’s stock valued at $690,000 after purchasing an additional 1,765 shares during the last quarter. NewEdge Advisors LLC increased its stake in Zscaler by 7.8% in the 2nd quarter. NewEdge Advisors LLC now owns 4,626 shares of the company’s stock worth $653,000 after purchasing an additional 336 shares in the last quarter. Hudock Inc. acquired a new stake in Zscaler during the 2nd quarter worth about $311,000. Allworth Financial LP raised its holdings in Zscaler by 7.7% during the 2nd quarter. Allworth Financial LP now owns 3,578 shares of the company’s stock worth $505,000 after buying an additional 256 shares during the period. Finally, Arizona State Retirement System lifted its stake in Zscaler by 6.4% during the second quarter. Arizona State Retirement System now owns 29,965 shares of the company’s stock valued at $4,230,000 after buying an additional 1,799 shares in the last quarter. 46.45% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Stifel Nicolaus raised their price target on Zscaler from $175.00 to $200.00 and gave the company a “buy” rating in a report on Wednesday, August 19th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $200.00 price objective on shares of Zscaler in a report on Friday, September 4th. JPMorgan Chase & Co. increased their target price on shares of Zscaler from $205.00 to $215.00 and gave the company an “overweight” rating in a research report on Wednesday, August 26th. Cantor Fitzgerald reissued an “overweight” rating and set a $225.00 target price on shares of Zscaler in a research note on Friday, September 4th. Finally, Roth Capital reaffirmed a “neutral” rating and issued a $170.00 price target on shares of Zscaler in a research note on Saturday, September 5th. Thirty-four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $218.38.

About Zscaler

Zscaler, Inc is a cloud-native cybersecurity company that provides security services designed to help organizations connect users, devices, applications and workloads securely over the internet. Its platform is built around a zero-trust security model, which verifies access based on identity, context and policy rather than relying primarily on a traditional corporate network perimeter.

The company’s offerings include Zscaler Internet Access, which secures access to internet and software-as-a-service applications, and Zscaler Private Access, which provides secure, policy-based access to private applications without requiring conventional virtual private networks.